Harmonic Sees Q3 2024 Net Revenue $175M-$190M Vs $133.66M Estimate
Portfolio Pulse from Benzinga Newsdesk
Harmonic Inc. has projected its Q3 2024 net revenue to be between $175 million and $190 million, significantly higher than the estimated $133.66 million.
July 29, 2024 | 8:29 pm
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POSITIVE IMPACT
Harmonic Inc. has projected its Q3 2024 net revenue to be between $175 million and $190 million, significantly higher than the estimated $133.66 million. This positive outlook suggests strong business performance and could boost investor confidence.
The significant increase in projected revenue compared to estimates indicates strong business performance. This is likely to positively impact the stock price as it suggests better-than-expected financial health and growth prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100